Remortgages
HONESTY, RELIABILITY, DEDICATION, VALUE
Non Status Re-mortgaging was historically seen as a last resort in desperate times. Now thousands of people re-mortgage in order to benefit from potentially cheaper interest rates than even the best loans, and to improve their quality of life.
Non status loan deals are required if you cannot prove your full income as you are self employed, work contracts, earn large commission, or have a seasonal income.
A non status remortgage may also be required if you have:
County Court Judgements (CCJ's)
Arrears on existing loans
Poor credit history
Difficult personal circumstances
A discharged bankruptcy
IVAs
Payment defaults
Had a previous application turned down
A Non Status Remortgage goes through a very similar process to a mortgage purchase. The process can however be much faster, as the lender may see a remortgage as less of a lending risk than a purchase. With rising house prices equity has been earned by many homeowners, meaning that they can free up money without the lender having to loan above the assets of the borrower. Similar to secured loans the lender has some security.
Our partners have specialist mortgage loan advisers who deal with non status remortgages. They can talk through your circumstances with you and source the best deal available from the whole of the market. They will then smoothly take you through to offer and completion in a fast and efficient process.
